4 Reasons Retirement Might Cost More Than You Think
Many workers plan and save for retirement in the hopes that they'll manage to enjoy their golden years without financial stress. But if you're not careful, you could end up struggling during retirement despite all that forethought. Here are a few reasons why your golden years could end up costing more than expected.
Healthcare is one of seniors' biggest expenses, and the unknowns of it make it downright terrifying. But while it may be difficult, if not impossible, to get a precise estimate of what medical care will cost you in retirement, you can rely on the data that's out there. To this end, you should know that HealthView Services, a provider of cost-projection software, anticipates healthcare costing $387,644 throughout retirement for the average healthy 65-year-old couple leaving the workforce today.
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Source Fool.com
